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IPOS, SGX jointly launch pilot programme to promote intangible asset evaluations, disclosures

Uma Devi
Uma Devi • 3 min read
IPOS, SGX jointly launch pilot programme to promote intangible asset evaluations, disclosures
In a joint statement on Tuesday, both IPOS and SGX reported that the Intangible Disclosure Evaluation and Audit Scheme (IDEAS) programme seeks to promote IA disclosures, and is exclusively for SGX-listed companies and companies preparing for a listing.
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SINGAPORE (Feb 4): The Intellectual Property Office of Singapore (IPOS) and Singapore Exchange (SGX) have partnered to launch a programme that aims to raise awareness and encourage companies to undergo intangible assets (IA) evaluations.

In a joint statement on Tuesday, both IPOS and SGX reported that the Intangible Disclosure Evaluation and Audit Scheme (IDEAS) programme seeks to promote IA disclosures, and is exclusively for SGX-listed companies and companies preparing for a listing.

The IDEAS programme provides companies with government support to undergo an IA evaluation and audit process, which will enable companies to identify important information that are key drivers for their businesses, as well as make recommendations on disclosing such information to communicate business value to the market.

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